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India's leading fashion retailers report mixed performance in FY24

Arvind Fashions Limited

Arvind Fashions Limited, known for housing renowned brands such as US Polo, Flying Machine, and Calvin Klein, reported a revenue of &#****;**.** billion (approximately $***.* million) in FY**. This marks a * per cent increase from the previous fiscal. The company saw a significant rise in EBITDA, reaching &#****;*.** billion, up ** per cent compared to FY**. The profit before tax (PBT) stood at &#****;*.* billion, showing a ** per cent increase. However, despite these gains, the profit after tax (PAT) declined by * per cent to &#****;*** million.